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Latest Currency News Continued - page 3

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

GBP to SEK Exchange Rate Edges Away from Weekly Lows on Swedish Inflation and Bank of England News

11 Jul 2019 at 1 PM - Written by John Cameron

While the British Pound to Swedish Krona (GBP/SEK) exchange rate is still on track to see losses this week, the pair may recover slightly from its weekly lows over the coming days, especially if investors remain optimistic about today’s Bank of England (BoE) comments. The Swedish Krona also weakened slightly following today’s key Swedish inflation figures. Still, despite signs that things could rebound, GBP/SEK is still on...

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Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Flat despite Upbeat BoE Financial Stability Report

11 Jul 2019 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Muted as UK Banks Can Cope with No-Deal Brexit and Trade War The Pound Sterling Australian Dollar (GBP/AUD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of AU$1.7992. On Thursday, in part of its half-yearly assessment of financial risks the Bank of England (BoE) revealed UK banks could cope with both a disorderly no-deal Brexit and a...

CATEGORIES: Pound Australian Dollar Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Sinks as Dovish Fed Expectations Dampens US Market Sentiment

10 Jul 2019 at 3 PM - Written by John Cameron

USD/CAD Exchange Rate Falls as ‘Loonie’ Traders Optimism Rises ahead of BoC Statement The US Dollar Canadian Dollar (USD/CAD) exchange rate fell by 0.3% today, with the pairing fluctuating around CA$1.309. The Canadian Dollar (CAD) fell against the US Dollar (USD) with expectations rising that the Bank of Canada (BoC) could buck international trends and raise its growth forecast later on today. Royce Mendes, a Senior...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Muted as UK Economy Rebounds in May

10 Jul 2019 at 11 AM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Flat as Brexit Pessimism Leaves UK Economy Under Pressure The Pound Sterling South African Rand (GBP/ZAR) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of R17.6917. On Wednesday the Office for National Statistics (ONS) revealed that the UK economy expanded by 0.3% in May. This came after a disappointing slump of -0.4% in...

CATEGORIES: Pound Rand Forecasts

Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate Slides as Swiss Unemployment Rate Holds Steady

9 Jul 2019 at 3 PM - Written by John Cameron

Pound Swiss Franc (GBP/CHF) Exchange Rate Falls as Swiss Unemployment Holds Steady at 17-Year Low The Pound Sterling Swiss Franc (GBP/CHF) exchange rate slumped and the pairing is currently trading at an inter-bank rate of 1.2388Fr. The seasonally adjusted Swiss unemployment rate edged down to a better-than-forecast 2.3% in June. Meanwhile, the non-seasonally adjusted unemployment rate dipped down to 2.1%. This...

CATEGORIES: Pound Swiss Franc Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Eases as Canadian Traders Optimistic Ahead of BoC Rate Decision

9 Jul 2019 at 11 AM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Canadian Dollar in ‘Resilient Pocket’ The Pound Canadian Dollar (GBP/CAD) exchange rate eased by 0.2% this morning, with the pairing fluctuating around CA$1.637. The Canadian Dollar (CAD) edged higher against the Pound (GBP) as economists are becoming optimistic that the Bank of Canada (BoC) may hold back on any easing trends from the US Federal Reserve, leaving policy on hold...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

EUR to GBP Exchange Rate Trends with Upside Bias despite German Recession Fears

8 Jul 2019 at 5 PM - Written by Ben Hughes

Despite more concerning Eurozone data and fresh surveys suggesting that Germany’s economy is far from out of the woods, the Euro to British Pound (EUR/GBP) exchange rate has avoided losses today and has been trending with an upside bias since markets opened. This has been due to persisting no-deal Brexit and Bank of England (BoE) interest rate cut jitters keeping strong pressure on the Pound. Demand for both the Euro and...

CATEGORIES: Euro Pound Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as No-Deal is a ‘Step into the Unknown’

8 Jul 2019 at 12 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as No-Deal Brexit ‘Fraught with Risk’ The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of CA$1.6364. The Pound remained under pressure at the start of the week as former UK Brexit Chief, Philip Rycroft warned against a no-deal Brexit. Speaking to the BBC, he stated that everyone...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as SA Business Confidence Remains Flat

5 Jul 2019 at 12 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on SA Economy Woes The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.2% today and is currently trading around R17.7236 on the interbank market. The South African Rand (ZAR) fell against the Pound (GBP) today despite yesterday’s South African business confidence index figures for June, which rose from 93.0 to 93.3. The South African Chamber of Commerce (SACCI) took a dovish...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles as UK Productivity Extends Decline

5 Jul 2019 at 10 AM - Written by Frank Davies

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Productivity Disappoints Ahead of the weekend the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate remained on the back foot thanks to another weak quarter of UK labour productivity. As productivity contracted -0.2% on the year in the first quarter of 2019 this raised fresh questions over the underlying health of the UK economy. With business...

CATEGORIES: Pound Australian Dollar Forecasts